MEDALIST CAPITAL ARRANGES LOAN FOR AMERICAN TOBACCO CAMPUS IN DURHAM

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DURHAM, N.C. — Medalist Capital has arranged financing for more than 600,000 square feet of Class A office space within the American Tobacco Campus in Durham. The eight office buildings are 98 percent leased. Howard Brooks and Don Williams of Medalist Capital arranged the non-recourse loan through an unnamed life insurance company on behalf of the borrower, Capitol Broadcasting Co. Inc.

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